Michael L. Price & Jen Price Acquire Industrial Asset At 2 Jonathan Drive Brockton For $1.9M

The property asset involved in this transaction is an industrial facility located at 2 Jonathan Drive in Brockton, MA. The sale price for the property was $1,900,000, amounting to a total of 14,000 square feet, which gives it a price per square foot of $136. The asset is fully leased to TridentCare until 2030.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,900,000
• Address: 2 Jonathan Drive
• Market: Brockton, MA
• Square Footage: 14,000
• Price per Square Foot: $136
• Buyer: Michael L. Price & Jen Price - Legacy Real Estate Ventures
• Broker: Henry Leiber - NAI Hunneman

This transaction was executed by Legacy Real Estate Ventures, which is looking to expand its portfolio through equity acquisitions. This acquisition strategy is focused on leveraging the strong cash flow and expansion potential of the property.